Case | HBS Case Collection | September 1999

New Zealand: The Wonder Down Under

by Willis M. Emmons III and Kevin W. W. Glasgow

Abstract

Long regarded as the most extensive welfare state among the world's industrialized nations, New Zealand embarked on a strategy of radical economic reform/liberalization following a severe foreign exchange crisis in 1984. This case examines the initial reform strategy under the Labour government (1984-1990) and the subsequent reforms under the National government (1991-1996). By late 1998, an unstable coalition government under Prime Minister Jenny Shipley faces a wide range of social, economic, and political pressures from both the right and left.

Keywords: Strategy; Development Economics; New Zealand;

Citation:

Emmons, Willis M., III, and Kevin W. W. Glasgow. "New Zealand: The Wonder Down Under." Harvard Business School Case 700-022, September 1999.